As with capital goods (tangible items such as buildings, machinery, and equipment produced and used in the production of other goods and services), the consumption of a durable good is spread over its life span, which tends to create demand for a series of maintenance services.
The event which is referred to as The Phoenix Lights comprised of a series of incidents, involving a number of different craft and orbs which took place during the evening of March 13th 1997.
Yi Peng 2015 (Lantern Festival) The Festival of Lights is celebrated all around Thailand with Loi Krathongs (lotus-shaped receptacles) released on water to bring luck and fulfill wishes. In Chiang Mai, the observation of the festival of lights, called Yi Peng, is uniquely different.